Bitumen Price ₹44-54K/MT VG 30 40

Bitumen Price Today ₹44000-54000/MT | Fuel Oil Base Oil Rates

Check petroleum product prices: bitumen VG 30 ₹46-52/kg, VG 40 ₹48-54/kg, fuel oil ₹45-55/kg, base oil ₹85-140/kg. IOC BPCL HPCL supplies. Bulk tanker delivery for road construction and industrial use.

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Bitumen VG30 Drum

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EX - Kandla

₹50,000/MT
0 %22 hours ago

Bitumen VG30 Bulk

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EX - Pithampur

₹47,000/MT
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Bitumen VG30 Bulk

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EX - Mangalore

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Bitumen VG30 Drum

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EX - Mundra

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Bitumen VG30 Bulk

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EX - Mathura

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EX - Karwar

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Petroleum Products Market

India is the third-largest consumer of petroleum products globally with demand exceeding 220 million tonnes annually. The country has a refining capacity of over 250 million tonnes through PSU and private refineries.

Key petroleum products include fuels (petrol, diesel, ATF), feedstocks (naphtha, LPG), and industrial products (bitumen, lubricants, fuel oil). Pricing follows international crude oil movements with varying degrees of government control across products.

Industrial Petroleum Products

Major industrial petroleum products include:

Bitumen: Used in road construction and waterproofing. Available in VG 10, VG 30, VG 40 grades and modified variants.
Fuel Oil: Industrial heating fuel for boilers and furnaces. Available as FO, LSHS, LDO.
Lubricants: Industrial oils for machinery including hydraulic, gear, compressor, and specialty oils.
Petroleum Coke: Solid fuel and anode material for aluminum smelting.

Energy & Petroleum FAQs

What's bitumen trading at per MT?

Bitumen prices by grade - VG 10 is ₹44000-48000/MT VG 30 runs ₹46000-52000/MT and VG 40 is ₹48000-54000/MT. Modified bitumen (PMB and CRMB) costs 20-30% more. IOC BPCL and HPCL set prices fortnightly based on crude oil. Road contractors typically buy in bulk tankers.

Which bitumen grade should I use for roads?

VG 30 handles most Indian roads perfectly - works well in our tropical climate with moderate traffic. Go with VG 40 for heavy-traffic highways and airports where the pavement takes more stress. VG 10 is for cold regions and spray applications. For expressways and bridges with heavy truck loads you'll want modified bitumen (PMB or CRMB).

What's fuel oil running?

Furnace oil (FO) costs ₹45-50/kg LSHS (Low Sulphur Heavy Stock) is ₹50-55/kg and LDO (Light Diesel Oil) runs ₹70-80 per liter. These follow crude oil with about a 15-day lag. Used mainly for industrial boilers furnaces and backup power in manufacturing plants.

Base oil pricing?

Base oil varies a lot by grade - Group I SN150 is ₹85-95/kg Group II runs ₹95-110/kg and Group III synthetic base is ₹120-140/kg. Lubricant blenders buy these to make finished products. Available from both refineries and importers depending on the grade.

How do petroleum product prices get set?

They follow crude oil (Brent/Dubai basket) plus refining margin taxes and freight. Oil marketing companies (IOC BPCL HPCL) revise industrial product prices every fortnight. Retail fuel prices change daily now. For bulk industrial purchases rates are negotiable based on volume and relationship.

What paperwork do I need to buy bitumen?

You'll need GST registration and a purchase order for credit terms. Provide vehicle details for delivery coordination. Bulk orders may need advance payment or an LC arrangement. You'll get a quality certificate showing the VG grade penetration value and softening point with each delivery plus a weighment slip.

How do I buy petroleum products in bulk?

OfBusiness handles bitumen fuel oil base oil and lubricants from IOC BPCL HPCL and private suppliers. We arrange bulk tanker delivery with proper quality documentation. Get quotes from multiple suppliers and compare - volume discounts are common in this space.

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Bitumen Price Today ₹44000-54000/MT | Fuel Oil Base Oil Rates

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Energy & Petroleum Most Viewed Prices

Bitumen VG30 Drum

Imported

EX - Kandla

₹50,000/MT0 %22 hours ago

Bitumen VG30 Bulk

Imported

EX - Pithampur

₹47,000/MT0 %22 hours ago

Bitumen VG30 Bulk

Imported

EX - Mangalore

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Bitumen VG30 Drum

Imported

EX - Mundra

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Bitumen VG30 Bulk

Imported

EX - Mathura

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Bitumen VG30 Bulk

Imported

EX - Karwar

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Russia barrels back to top India’s oil game as Middle East war shakes markets

India's crude imports took a big hit due to the West Asia Crisis: Systematix Research

'World faces greatest ever energy threat from Iran war,' IEA warns six-month oil disruption

Iran is defiant nearly 4 weeks into the war, hitting oil facilities around the Gulf

Goldman Sachs flags upside risks to oil prices in near term and into 2027

Rupee breaches 93 mark against dollar for the first time

Gold, silver rebound after sharp selloff in last session: What’s driving the move

A war in West Asia without winners — except may be Russia’s oil machine

Oil Inches Higher as Iran Strikes Kuwait’s Mina Al-Ahmadi Refinery

HPCL hikes premium petrol prices by ₹2/litre, sources say

Work from home, avoid air travel to deal with higher energy prices, IEA says

IEA Urges Working From Home and Cutting Air Travel to Ease Oil Supply Shock

Hormuz blockade puts global supply chains under pressure

Oil disruption may ease slowly, but LNG supply hit could last years: Rystad Energy

Could oil hit $200 a barrel? Analysts no longer think it is far-fetched

Buyers Scramble for Seaborne Oil as Middle East War Continues

Israel PM Benjamin Netanyahu's statement triggers a cool-off in oil prices

Two Russian Cargoes Offer Temporary Relief for Cuba's Energy Emergency

'No winners' in Middle East crisis, airlines body chief says

Beyond oil and gas: How US-Israel-Iran was is exposing India’s economic vulnerabilities

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Strikes on Gulf energy hubs threaten global LNG supply for months.css-1eamic5{display:inline-block;vertical-align:middle;overflow:hidden;}8.css-1eamic5{display:inline-block;vertical-align:middle;overflow:hidden;}5.css-1eamic5{display:inline-block;vertical-align:middle;overflow:hidden;}

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Strikes on Gulf energy hubs threaten global LNG supply for months
8
5

The energy crisis is coming to the boil
11
9

Rising cost of war goes far beyond barrels and borders
6
6

Odisha Jamkhani Coal Mine Sets New Safety Benchmark
9
7

Ranchi Coal Shortage Drives Informal Market Expansion
2
18

Delhi govt eyes private push to expand EV infra ahead of policy rollout
3
8